Aviva PLC lowered its stake in shares of Intel Corporation (NASDAQ:INTC) by 7.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,970,919 shares of the chip maker’s stock after selling 227,614 shares during the period. Aviva PLC owned approximately 0.06% of Intel Corporation worth $100,269,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lourd Capital LLC increased its stake in Intel Corporation by 1.1% in the first quarter. Lourd Capital LLC now owns 9,094 shares of the chip maker’s stock valued at $328,000 after acquiring an additional 99 shares during the period. Virtu Financial LLC bought a new stake in Intel Corporation in the first quarter valued at about $822,000. Alerus Financial NA increased its stake in Intel Corporation by 3.5% in the first quarter. Alerus Financial NA now owns 66,462 shares of the chip maker’s stock valued at $2,397,000 after acquiring an additional 2,238 shares during the period. Vigilant Capital Management LLC increased its stake in Intel Corporation by 22.6% in the first quarter. Vigilant Capital Management LLC now owns 4,373 shares of the chip maker’s stock valued at $158,000 after acquiring an additional 805 shares during the period. Finally, Wetherby Asset Management Inc. increased its stake in Intel Corporation by 0.8% in the first quarter. Wetherby Asset Management Inc. now owns 91,792 shares of the chip maker’s stock valued at $3,311,000 after acquiring an additional 706 shares during the period. 66.90% of the stock is owned by institutional investors and hedge funds.

In other news, CEO Brian M. Krzanich sold 61,860 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $38.74, for a total value of $2,396,456.40. Following the transaction, the chief executive officer now owns 543,948 shares in the company, valued at approximately $21,072,545.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total transaction of $66,543.52. Following the completion of the transaction, the insider now owns 1,536 shares in the company, valued at approximately $71,777.28. The disclosure for this sale can be found here. Insiders sold a total of 659,036 shares of company stock worth $28,872,880 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

A number of analysts recently weighed in on INTC shares. Charter Equity reissued a “buy” rating on shares of Intel Corporation in a research note on Sunday, July 30th. Mizuho reissued a “buy” rating and issued a $42.00 target price on shares of Intel Corporation in a research note on Sunday, July 30th. Stifel Nicolaus reissued a “buy” rating and issued a $41.00 target price (up previously from $39.00) on shares of Intel Corporation in a research note on Sunday, July 30th. B. Riley reissued a “buy” rating and issued a $46.00 target price on shares of Intel Corporation in a research note on Friday, July 28th. Finally, Loop Capital reissued a “buy” rating and issued a $45.00 target price (up previously from $43.00) on shares of Intel Corporation in a research note on Friday, July 28th. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $43.40.

Shares of Intel Corporation (NASDAQ:INTC) opened at $44.65 on Thursday. Intel Corporation has a 1-year low of $33.23 and a 1-year high of $47.30. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39. The firm has a market cap of $210,319.19, a P/E ratio of 14.13, a price-to-earnings-growth ratio of 1.64 and a beta of 1.09.

Intel Corporation (NASDAQ:INTC) last posted its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.21. Intel Corporation had a net margin of 22.31% and a return on equity of 22.65%. The firm had revenue of $16.15 billion for the quarter, compared to analyst estimates of $15.73 billion. During the same period in the previous year, the firm posted $0.80 EPS. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. equities analysts predict that Intel Corporation will post 3.25 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Tuesday, November 7th will be given a $0.2725 dividend. The ex-dividend date is Monday, November 6th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.44%. Intel Corporation’s dividend payout ratio (DPR) is currently 38.11%.

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Intel Corporation Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Institutional Ownership by Quarter for Intel Corporation (NASDAQ:INTC)

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